November 8 marks the culmination of this year’s Web Summit conference, the largest tech event in Europe and one which saw businesses give away cryptocurrency worth at least $127 million.

Airdrops, Wallets And Adoption

The sold-out Web Summit, which is taking place in Lisbon, brings together thousands of startups and speakers to join a giant attendee list of almost 70,000 people.

Cryptocurrency businesses stood out at the event, with several adopted-focused schemes which gave away millions of dollars in free cryptoassets.

As Bitcoinistreported, data analytics and wallet provider Blockchain led the charge, revealing a partnership with Stellar at the conference, part of which included a giveaway worth $125 million.

The deal sees anyone able to sign up for Stellar Lumens (XLM) tokens worth $25 provided they own a Blockchain wallet.

“…Blockchain Airdrops are a great way for crypto creators to drive decentralization and adoption for new networks. We think they’re great for crypto users too,” CEO Peter Smith explained in an accompanying blog post.

“They let you test, trade, and transact with the next generation of crypto assets without having to buy them or mine them.”

UK Leads Troupe Of Giveaways

Along with Blockchain, fellow UK-based player eToro also announced free cryptocurrency would form part of the publicity drive for its new wallet which it released earlier this week.

The fiat and cryptocurrency trading platform plans to award 0.1 ETH ($21) to the first 100,000 people who download the wallet, dubbed eToroX, which will also cater to Bitcoin, Bitcoin Cash and Litecoin.

“Just as eToro has opened up traditional markets for investors, we want to do the same in a tokenized world. The eToro wallet is a key part of this,” CEO Yoni Assia commented confirming the rollout.

Events

Inside Fintech with Blockchain Agenda • Nov. 29-30, 2018 Inside Fintech Conference & Expo explores Fintech 3.0, including Blockchain technology and other decentralized solutions for financial processes, and its impact on the global financial ecosystem. Hear from the finance industry’s most forward thinking individuals as they seek to leverage advances in technology to improve payments, investment strategies, mobile banking, navigate the world of regulation, and more. We’ll explore a unique chemistry between Fintech entrepreneurs, investors, bankers, and governments across Asia and the rest of the world.Blockchain World Forum Beijing • October 25-27, 2018 An event presented in a series of top-level keynotes, interactive panel discussions and solution-based case studies with a focus on learning and building partnerships in the emerging Blockchain space, BlockChain World Forum will explore the industries that are set to be disrupted the most by this new technology, including; legal sectors, financial services, insurance, energy, music, government, real estate and more.Interested in listing your event here? Contact Us!